Uniply Industries Ltd approves allotment of 29,91,187 Equity Shares

The Board of Directors of Uniply Industries Ltd have allotted 29,91,187 no's of new fully paid up Equity shares of Rs. 10/- each at Rs. 204.62/- per share on preferential basis to Promoter and Non-Promoter of the Company at their meeting held on November 24, 2016.

Pursuant to the above said allotment, the issued, subscribed & paid up equity capital of the Company has increased from Rs. 20,91,60,120/- to Rs. 23,90,71,990/-.

The equity shares allotted as above shall, rank pari-pasu with the existing equity shares of the Company and shall be entitled to such dividends and corporate benefits, if any declared by the Company after the allotment.

Shares of UNIPLY INDUSTRIES LTD. was last trading in BSE at Rs.225.2 as compared to the previous close of Rs. 219.45. The total number of shares traded during the day was 3254 in over 163 trades.

The stock hit an intraday high of Rs. 227.2 and intraday low of 222.3. The net turnover during the day was Rs. 730768.

Source : Equity Bulls

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